Kuwait Real Estate Holding Co (KUW:ALAQARIA) ROCE % : 36.40% (As of Dec. 2023)

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What is Kuwait Real Estate Holding Co ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Kuwait Real Estate Holding Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 36.40%.

Kuwait Real Estate Holding Co ROCE % Historical Data

The historical data trend for Kuwait Real Estate Holding Co's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kuwait Real Estate Holding Co ROCE % Chart

Kuwait Real Estate Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-2.46

-2.61

10.89

-1.92

4.16

Kuwait Real Estate Holding Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-6.97	-3.31	-5.18	-4.63	36.40

Kuwait Real Estate Holding Co ROCE % Calculation

Kuwait Real Estate Holding Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	0.524	/	( ( (25.434 - 10.043)	+	(22.866 - 13.044) )	/ 2 )
	=	0.524	/	( (15.391	+	9.822)	/ 2 )
	=	0.524	/	12.6065
	=	4.16 %

Kuwait Real Estate Holding Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	3.744	/	( ( (23.939 - 13.189)	+	(22.866 - 13.044) )	/ 2 )
	=	3.744	/	( ( 10.75	+	9.822 )	/ 2 )
	=	3.744	/	10.286
	=	36.40 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Kuwait Real Estate Holding Co (KUW:ALAQARIA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

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Kuwait Real Estate Holding Co (KUW:ALAQARIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kuwait Real Estate Holding Co (KUW:ALAQARIA) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Osama Bin Monkez Street, P.O. Box 1257, Al-Khourafi Tower, Al Qubla, Safat, Kuwait, KWT, 13013

Website

http://www.alaqaria.com

Kuwait Real Estate Holding Co. operates in the real estate business in Kuwait. The company is engaged in the business of providing management, and maintenance of real estate properties and construction services. It operates through the following segments: Real Estate and Investment. The firm generates a majority of its revenue from the Real estate segment.

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